SolarBank Corporation, known on NASDAQ as SUUN, Cboe CA as SUNN, and FSE as GY2, has announced its rebranding to PowerBank Corporation, effective July 28, 2025. This change underscores the company's shift from a sole focus on solar energy to a broader spectrum of power and energy solutions, including Battery Energy Storage System (BESS) and EV Charging projects. The rebranding, approved by shareholders on July 23, does not alter the company's trading symbols, share structure, CUSIP exchange, or shareholder rights.
The move reflects the evolving landscape of the renewable energy sector, where diversification into various forms of clean energy is becoming increasingly important. PowerBank Corporation's development pipeline, which includes over one gigawatt of potential projects, positions it as a significant player in North America's transition to sustainable energy. The company's projects, which sell electricity to utilities, commercial, industrial, municipal, and residential off-takers, highlight the growing demand for renewable energy solutions across multiple markets.
For more details on the rebranding and the company's forward-looking strategies, visit https://ibn.fm/ZIYwO. This development is a testament to the dynamic nature of the renewable energy industry and the continuous innovation required to meet global sustainability goals.
